Hey traders! Ready to copy a signal provider on your trading platform? This process is simple and straightforward, so let’s get started. Follow the steps below to begin copying successful trading strategies and make the most out of your trading account.

Step 1: Log in to Your Account

First, make sure you are logged into your trading account. To do this, click on the Log In button located in the upper right corner of the website. Enter your credentials and hit the Log In button to access your account.

Step 2: Set Up Your Copy Trading Account

Once logged in, check if you have an active copy trading account. If you do not have one, don’t worry! Simply go to the Accounts section and click on the Open An Account button. From there, select Copy Trading as the trading platform and choose the Standard account type with USD as the currency. Click Submit to create your copy trading account.

Step 3: Navigate to the Copy Trading Tab

If you already have a copy trading account, skip the previous step and head directly to the Copy Trading tab located at the top of the trading app. Once you’re there, click on the Discover option in the sub-menu.

Step 4: Browse Through Signal Providers

Now, you’ll see a list of all the Global Signal Providers available on the trading platform. You can scroll through the list or use the search function in the upper right to find a specific signal provider. Type the name of the signal provider you want to follow and click Search.

Step 5: Select a Signal Provider

Let’s say you’ve chosen a signal provider from the top of the list. Click on their name to view their Portfolio. Here, you can check their monthly return, the frequently traded symbols, the copy assets under management, and the number of copiers. This will help you assess if their trading style aligns with your goals.

Step 6: Click the Copy Button

If you are happy with the signal provider’s portfolio and feel their strategy suits your trading objectives, go ahead and click the Copy button.

Step 7: Configure Your Copy Settings

Before you confirm, here are the settings you need to adjust:

• Equivalent Use Margin – This is the default setting where the system automatically copies the equivalent risk use margin of the signal provider. For example, if the signal provider takes a 10% risk, your copy account will follow that same risk with a 10% lot size.
• Fixed Lot Size – If you choose this option, the lot size of each trade will stay fixed, regardless of the signal provider’s lot size. For example, if you set a fixed lot size of 0.01, that will be the size of all trades on your account, no matter what the signal provider uses.
• Fixed Multiples – This option allows you to multiply the signal provider’s lot size by a certain factor. For example, if you set the multiplier to 3, the system will copy trades with three times the lot size of the signal provider.

If you are unsure about which setting to choose, we recommend leaving it on the default.

Step 8: Enter Your Investment Amount

Next, enter the amount you want to invest. For example, you might want to start with the minimum amount of $50.

Step 9: Set Your Stop Loss and Take Profit

Now, set your Stop Loss level. For instance, if you set the stop loss at 65%, the system will stop copying trades if your account reaches a 65% loss. You can also set a Take Profit amount. Once your account hits that target, the copy trading will automatically stop.

Step 10: Enable Lot Round Up

We suggest ticking the Lot Round Up box. This will round up the lot size to the nearest value, making the copy process smoother.

Step 11: Decide on Copying Open Trades

You will also see an option for Copy Open Trades. By default, this option is off, which means the system will not copy any open trades when you start copying. If you prefer to copy open trades, simply tick the box to enable it.

Step 12: Submit Your Settings

Once you have reviewed and confirmed your settings, click Submit. A message will appear confirming that your copy trading setup was successful.

Conclusion: Start Copying with Your Trading Platform

That’s it! You’ve successfully set up your copy trading account and are ready to start copying a signal provider on your trading app. Just follow these simple steps, and you’ll be on your way to potentially profitable trades in no time.